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Deep-sea mining could destroy $500bn in corporate value and natural capital

Deep-sea mining, anemones on Arctic Mid-Oceanic Ridge
In addition to the ecological damage to the seafloor and its habitat, the report argues that deep-sea mining could destroy $461bn in value from the deep sea’s ‘ecosystem services’ (Photo: University of Bergen, Centre for Deep Sea Research)

A report by non-profit Planet Tracker makes the financial case against deep-sea mining

Deep-sea mining, the proposed removal of mineral-rich polymetallic nodules from the seafloor, would destroy $30bn–$132bn in corporate value and at least “half a trillion dollars” when including lost environmental value, says a report by non-profit ...

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